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🔹 45-Day MSME Payment Rule to Continue, Says SME Chamber of India to FM 🏛️ The SME Chamber of India has confirmed that the 45-day payment rule for MSMEs will remain in place, ensuring timely payments for small businesses. This decision, communicated to the Finance Minister, aims to support the financial stability and growth of MSMEs by preventing delayed payments. Prompt payment practices are crucial for the sustainability and expansion of these enterprises. 📈💼 LINKEDIN #gstupdates #gstcompliance #gstreturns #gstnews #gstindia #gst #gstmitra #capraveensharma #incometaxindia #incometaxreturn #incometax #einvoicing #einvoice #ewaybill #corporate #training #traininganddevelopment #trainings #eventmanagement #event #MSME #TimelyPayments #SMEChamber #FinancialStability #SupportSmallBusiness

Micro and Small Enterprises Facilitation Councils (MSEFCs) were set up nearly three decades ago under “Small Scale Industries Delayed Payment Act, 1992” (which later got subsumed in #MSME Act,2006) Later, #Samadhaan portal was launched by the Govt. of India seven years ago to help #MSEs (Micro & Small Enterprises) to expedite recovery of their blocked / stuck up payments with buyers – Private organisations, Central PSUs, State PSUs, Central and State Government departments. However, sufferance and grind of #MSEs remains relentless. A very well compiled report by Neha Dewan The Economic Times https://lnkd.in/g4gfyGmg

India's business landscape thrives on credit sales, but this also exposes companies to a significant risk: unpaid invoices. This is where Trade Credit Insurance (TCI) steps in, acting as a powerful shield for Indian businesses. Let's delve into the topic of TCI and understand it's concept and types offered. Understanding the CAGR along with the past and forecasted growth rates of TCI in India. Further getting into the niche criteria of net retention limits, indemnity percentage, assessment criteria, demand trend and an overall revolution of Trade Credit Financing in India. www.blucrestadv.com Our services - Debt Syndication Supply Chain Finance Credit Rating Trade Credit Insurance TEV / LIE #insurance #tradecreditinsurance #debtsyndication #supplychainfinance #creditrating #indianinsurance #cagr #tci #trending #blucrest #linkedin #reports

Important Update💡 Companies registered under the Companies Act, 2013, with a turnover exceeding Rs. 250 crore and all Central Public Sector Enterprises are mandated to onboard the Trade Receivables Discounting System (TReDS) platform, per RBI guidelines by March 31, 2025. What is TReDS : It is an RBI-approved online platform enabling Micro, Small, and Medium Enterprises (MSMEs) to sell their trade receivables to financiers through auctions. This system facilitates the discounting of invoices and bills of exchange across India. Key Benefits of TReDS: Financing: MSMEs gain access to collateral-free financial assistance based on invoices or bills for supplies to large corporations. Liquidity: TReDS enhances liquidity for MSMEs, improving cash flow management. Working Capital: Corporates benefit from better management of their working capital cycle, ensuring timely payments to MSMEs. Cost of Financing: Financing is based on the buyer’s credit profile, potentially reducing costs. Examples of TReDS Platforms: Receivables Exchange of India Ltd (RXIL): A joint venture of SIDBI and NSE. M1xchange: A digital invoice discounting platform. Invoicemart: Another TReDS platform #TReDS #msme #compliance #companiesact #companysecretary #Update

New 45-Day Payment Rule for MSMEs: Blessing or Curse? Getting paid on time is a major challenge for businesses in India, especially when dealing with customers like Big Manufacturers, wholesalers and distributors. To protect the interests of MSMEs, the GOI has amended the payment rule to 45 days and linked it with Income Tax. This means if a customer fails to pay an MSME within 45 days, the overdue amount will be considered their income and taxed accordingly, adding financial pressure on defaulters. This rule will come into effect from April 1st. However, exporters are concerned as their business cycle often exceeds the 45-day limit due to longer production and payment cycles, sometimes taking up to 90 or even 120 days to receive payments from overseas customers. To address this challenge, MSMEs Sellers can leverage a financial tool called Trade Receivables Discounting System (TReDS). Platforms like invoicemart.com and m1xchange.com offer collateral-free capital against invoices, helping MSMEs manage their cash flow effectively. While TReDS solves the short-term challenges for sellers, but buyers may face increased pressure to manage their cash flow effectively if they fail to pay MSMEs on time. #MSMEs #45DayRule #PaymentTerm #CashFlow #India #PolicyChange #EconomicImpact #ImpactfulRule #MSMEVoice #SmallBusiness #BusinessFinance #Invoicemart #IncomeTax #FinanceAct 

Just a handful of 66 million Indian MSMEs record an annual turnover of 20Cr+. For these top 3 lakh businesses, the clock is always ticking. Look at their monthly compliance calendar. ▸ 7th of the month: TDS filing deadline. ▸ 11th of the month: GSTR1 submission. ▸ 15th of the month: GSTR2 reconciliation. ▸ 20th of the month: GSTR3B filing. That’s four major deadlines in just 20 days. And this is on top of running day-to-day operations, managing finances, and driving business growth. For many SMEs, compliance is a time consuming, resource heavy process. Missing a deadline can mean penalties, but meeting them means juggling tasks and sacrificing valuable focus on business priorities. SMEs with limited resources, this can feel like a losing battle. Every minute spent on compliance is a minute taken away from growing the business, serving customers, or exploring new opportunities. It’s a cycle that repeats every month. #MSME

Sebi chief Madhabi Puri Buch continued to earn from Agora, provided advisory services to M&M, Dr Reddy's: Congress "Congress said that Sebi chief has 99 percent stake in the advisory firm Agora Pvt Ltd" Contradicting the Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch's claims that Agora Pvt Ltd, an advisory service provider owned by her, was lying dormant after she took office, Congress on September 10 in fresh allegations said that market regulator's top boss and her husband Dhaval Buch continued to earn from the advisory firm. "The Hindenburg report revealed the name of a company, Agora advisory private limited, which was registered on May 7, 2013. This company belongs to Madhabi Puri Buch ji and her husband, but Madhabi ji had denied this after the Hindenburg report came out. In that denial he wrote that since the time it went to SEBI, this company has been dormant. But Madhavi ji still has 99% stake in this company. Our questions were: Which companies took services from Agora? Are the companies that took Agora's services under SEBI's scanner? The answer we got is that Madhabi ji earned Rs 2 crore 95 lakh through Agora during her tenure at SEBI. Some of the names of the companies from which this money was earned are: Mahindra & Mahindra Limited, Dr. Reddy's, Pidilite, ICICI, Sembcorp, Visu Leasing And Finance Private Limited," Khera alleged #sebiindia

An article titled, "𝑴𝒆𝒅𝒊𝒂𝒕𝒊𝒐𝒏 𝒓𝒐𝒖𝒕𝒆 𝒇𝒐𝒓 𝒐𝒑𝒆𝒓𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝒄𝒓𝒆𝒅𝒊𝒕𝒐𝒓𝒔 𝒑𝒓𝒊𝒐𝒓 𝒕𝒐 𝑵𝑪𝑳𝑻 𝒑𝒓𝒐𝒄𝒆𝒔𝒔" quoting Partner, Abir Lal Dey published in Financial Express (India) Read the full article here 👉https://lnkd.in/gswVrJAF #nclt #ibc #insolvency #mediation #IBBI #sarafandpartners #industryexperts #toptierfirm #fullservicelawfirm #indianlawyers #knowledgeexperts #thoughtleadership

🔍 Is Your Business Missing Out on Finance?   Imagine unlocking a world of opportunities with just one key—your credit rating!    Only 16% of businesses in India get the funding they need.    Why? New businesses often lack a credit history, and financial stress can make banks wary.    But here’s the game-changer: a solid credit rating. With it, you could enjoy lower interest rates, land lucrative government contracts, and form partnerships with major corporations.    Plus, the government might even cover part of the cost to get your rating.    Don’t let your business miss out on its potential. Elevate your credit rating and watch your growth soar! 🚀    #emsme #msme #msmesindia #business #viksitbharat #MSMEBadhegaDeshBadhega #BusinessGrowth #FinanceSolutions #MSME #CreditRating